But Savills Ireland has warned such an influx of its staff would put a massive strain on the housing market and force people who would otherwise be buying in Dublin to look elsewhere.

John McCarthy, director of research at Savills Ireland told The Times Ireland Edition: "One way or another we have a finite amount of stock available for sale and for rent nd that's not going to change in the short term.

"The likely outcome is probably displacement of existing people who would otherwise have taken those properties but you have to looking at it in the common good, there are a lot of other countries competing for this agency."